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Arte-miy333 [17]
3 years ago
12

What is the future value of $450 at an interest rate of 15 percent one year from today?

Business
1 answer:
gladu [14]3 years ago
3 0

Answer:

$517.50

Explanation:

we have to use the future value formula:

future value = present value x (1 + interest rate)ⁿ

  • present value = $450
  • interest rate = 15%
  • n = 1 year

future value = $450 x (1 + 15%) = $450 x 1.15 = $517.50

The basic premise of finances is that the value of money changes over time, i.e. one dollar today is worth more than one dollar tomorrow. That is because the money yo have today can be invested and it can interest, therefore, it will be worth more in the future.

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Nuxall Confections produces a variety of different candies. Nuxall Confections wants its candies to be available anywhere a cons
sweet [91]

Answer:

Intensive distribution

Explanation:

Intensive distribution -

It is one of the strategy of marketing where the company sells the goods or commodity via as many possible outcomes as possible , so that people can get the product everywhere , is known as the strategy of intensive distribution .

Hence , from the question , the variety of candies produced by the Nuxall Confections are made to be available everywhere possible , to increase the sale .

8 0
3 years ago
Dan Dayle started a business by issuing an $80,000 face value note to First State Bank on January 1, 2018. The note had an 8 per
slavikrds [6]

Answer:

Explanation:

The interest expense would be

= Borrowing amount × annual rate of interest

= $80,000 × 8%

= $6,400

And, the principal would be

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= $20,037 - $6,400

= $13,637

The principal balance on January 1, 2019 would be

= Borrowed amount - principal repaid amount

= $80,000 - $13,637

= $66,363

The interest expense would be

= Borrowing amount of 2019 × annual rate of interest

= $66,363 × 8%

= $5,309

And, the principal would be

= Annual payment - interest expense

= $20,037 - $5,309

= $14,728

3 0
3 years ago
A(n) _____ does not give an exclusive right of possession, but a right of permanent, intermittent use
Maru [420]

Answer: I think its A or B

8 0
3 years ago
At the end of the next four years, a new machine is expected to generate net cash flows of $8,000, $12,000, $10,000, and $15,000
erik [133]
I would say alot of money
7 0
3 years ago
To find out more about the pros and cons of a product, it is often a good idea to study the behavior of the individuals or group
Natalija [7]

Answer:

Copy Testing

Explanation:

Copy testing is a market research analysis method that utilizes the consumers' responses , behavior and feedback to determine the effectiveness and relevance  of an advertisement.

This method reveals a great deal of information about the pros and cons of a particular product through the analysis and study of individuals or group of users.

It addresses media channels like the internet and social media ,  television radios and others.

5 0
4 years ago
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